Industrial Enzymes Industry Overview

The global industrial enzymes market size was estimated at USD 7.42 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030.

Increasing global consumption of bakery products and fruit juices is expected to fuel the demand for industrial enzymes. This factor is anticipated to contribute to the growth of the industry in the coming years. Industrial enzymes are frequently used in food and beverage sector to increase product quality and shelf life. They are utilized in brewing and baking processes, as well as in dairy, starch, and sugar products that people regularly consume in large quantities. They are employed in baking applications to provide flour or dough particular qualities. They help in reducing protein content of flour in biscuits and crackers, while their usage in bread enhances or standardizes its quality and guarantees uniform browning.

Gather more insights about the market drivers, restrains and growth of the Industrial Enzymes Market

Industrial enzymes are extensively used in food & beverage industry and since food is a basic necessity, the demand for the product expands constantly at a brisk pace. Moreover, growing worldwide population is also projected to boost market growth. By 2050, the world population is expected to exceed 9.7 billion, and by 2100, it may be close to 11 billion, according to United Nations Department of Economic and Social Affairs (UN DESA). Such factors are anticipated to prosper global industry demand over the forecast period.

The U.S. is expected to dominate North America industrial enzymes sector due to high demand for the product from food & beverage sector, increasing consumer awareness about health, and growing consumer inclination for functional foods. The U.S. market is expected to witness notable growth on account of the extensive growth of pharmaceutical and nutraceutical sectors in the country. Asia Pacific enzymes industry, led by India, South Korea, China, and Japan is expected to observe significant growth due to the growth of detergent and pharmaceutical industries in the region.

The rising consumption of industrial enzymes in the U.S. is attributable to growing awareness regarding green technologies that improve productivity, handle environmental challenges, and improve product value. This promotes growth in research and development sector. Furthermore, various industrial enzyme producers such as Associated British Foods plc, BASF SE, Novozymes, DuPont Danisco, and DSM, are backward integrated and are involved in the production of raw materials. This helps in reducing operating costs while maintaining quality of finished product.Various distribution channels, including direct supply, agreements with third parties, and online portals, are used by industry participants to distribute their products.

Browse through Grand View Research's Catalysts & Enzymes Industry Research Reports.

• The global enzymes market size was estimated at USD 60.48 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030.
• The global textile market size was valued at USD 1,837.27 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.4% in revenue from 2024 to 2030.

Industrial Enzymes Market Segmentation

Grand View Research has segmented the global industrial enzymes market report based on product, source, application, and region

Industrial Enzymes Product Outlook (Revenue, USD Million, 2018 - 2030)

• Carbohydrase
• Proteases
• Lipases
• Polymerases & Nucleases
• Others

Industrial Enzymes Source Outlook (Revenue, USD Million, 2018 - 2030)

• Plants
• Animals
• Microorganisms

Industrial Enzymes Application Outlook (Revenue, USD Million, 2018 - 2030)

• Food & Beverages
• Detergents
• Animal Feed
• Biofuels
• Textiles
• Pulp & Paper
• Nutraceutical
• Personal Care & Cosmetics
• Wastewater
• Agriculture
• Others

Industrial Enzymes Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Australia
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • Turkey

Key Companies profiled:

• BASF SE
• Novozymes
• DuPont Danisco
• DSM
• NOVUS INTERNATIONAL
• Associated British Foods Plc
• Hansen Holding A/S
• Advanced Enzyme Technologies
• Lesaffre
• Adisseo
• BioProcess Algae, LLC
• Koninklijke DSM N.V.

Key Industrial Enzymes Company Insights

The industrial enzymes industry is highly influenced by dominated supply from BASF SE, Novozymes, DuPont Danisco, and DSM. The market is characterized by investment-intensive and long enzyme development cycles by key product manufacturers. As a result, raw material suppliers and manufacturers have significant opportunities to provide uniform and high-quality enzymes through a reviewed supply chain.

Market participants frequently participate in mergers and acquisitions, collaborations, technological development, and partnership activities among others, to broaden both their worldwide reach and product offerings. For example, in January 2023, Novozymes announced its investment in microbial control technology from Lyras for “less downtime, more efficiency & cost savings”.

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